Consumer Financial Protection Bureau

Data Security Guardrails Critical Regardless of Open Banking Rule’s Fate
Data Security Guardrails Critical Regardless of Open Banking Rule’s Fate
May 12, 2025  |  Regulation

Whether a reworking or an outright rescission of the Consumer Financial Protection Bureau’s open banking rule is on the horizon, some of the most basic...

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Jonathan McKernan to Be Nominated for Post at Treasury Instead of CFPB
Jonathan McKernan to Be Nominated for Post at Treasury Instead of CFPB
May 09, 2025  |  Politics

Former Federal Deposit Insurance Corp. (FDIC) Board Member Jonathan McKernan will be nominated to serve in a post at the Treasury Department after previously being nominated to lead the Consumer...

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CFPB Halts Enforcement of 67 Guidance Documents Pending Review
CFPB Halts Enforcement of 67 Guidance Documents Pending Review
May 09, 2025  |  Regulation Roundup

The Consumer Financial Protection Bureau (CFPB) said Friday (May 9) that it is withdrawing 67 guidance documents issued by the agency since it opened its doors...

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CFPB Pulls Plug on Google Payment Oversight; Alphabet to Withdraw Lawsuit
CFPB Pulls Plug on Google Payment Oversight; Alphabet to Withdraw Lawsuit
May 08, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has abruptly abandoned its effort to supervise Google Payment, unraveling a marquee Biden-era bid to extend the agency’s reach...

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Financial Regulators Face Deepest Personnel Cuts in Decades
Financial Regulators Face Deepest Personnel Cuts in Decades
May 07, 2025  |  Regulation

Three financial regulators are scrambling following the President Donald Trump administration’s latest round of personnel cuts. Get the Full Story Complete the form to unlock...

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Pay Later Economy Gets Regulatory Reprieve as CFPB Moves to Rescind BNPL Rule
Pay Later Economy Gets Regulatory Reprieve as CFPB Moves to Rescind BNPL Rule
May 06, 2025  |  Buy Now Pay Later

The pay later economy got a big boost late in the day Tuesday (May 6) when the Consumer Financial Protection Bureau (CFPB) announced in a...

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CFPB Reportedly Reworking Biden-Era Open Banking Rule
CFPB Reportedly Reworking Biden-Era Open Banking Rule
May 06, 2025  |  CFPB

The Trump administration is reportedly preparing to re-examine a Biden-era rule governing open banking. Get the Full Story Complete the form to unlock this article...

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Appeals Court Blocks CFPB Layoffs Pending Court Battle on Downsizing
Appeals Court Blocks CFPB Layoffs Pending Court Battle on Downsizing
April 29, 2025  |  CFPB

An appeals court ruled Monday (April 28) afternoon in a 2-to-1 decision that the Consumer Financial Protection Bureau (CFPB) cannot proceed with its mass layoffs...

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Wells Fargo Says CFPB Ended Compliance-Risk Consent Order
Wells Fargo Says CFPB Ended Compliance-Risk Consent Order
April 28, 2025  |  Regulation

Wells Fargo said the Consumer Financial Protection Bureau terminated a consent order related to the company’s compliance risk management program. Get the Full Story Complete...

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